Web 3 infrastructure provider Ankr's (ANKR) native token spiked from $0.03305 to $0.05583 between 14:00 UTC and 15:00 UTC on Feb. 21, which marks a 69% increase according to CryptoSlate data.
The increase comes after Ankr's announcement regarding its use of Microsoft Azure.
After spiking to $0.05583, the price fell as low as $0.04910. At the time of writing, ANKR is being traded for $0.05219, which marks a 54.59% increase over the past 24 hours. This increase also indicates a 90.56% increase in the past seven days and a 111.61% increase over the past 30 days.
Despite the significance of this spike, the ANKR price is still 76.74% lower than its all-time high at $0.22892, recorded on Mar. 28, 2021.
Ankr's announced that its new application launched on the Microsoft Azure Marketplace. The application offers a node hosting solution that uses Azure's routing solutions to increase scalability and optimization.
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